Indonesia summoned officials from Meta and Google over non-compliance with social media restrictions for children under 16 that went into full effect last week, a minister said in a video statement published on Tuesday.

Indonesia will require platforms to deactivate "high ​risk" social media accounts for under 16s, according ​to a ministerial regulation issued earlier this month.

US President Donald Trump's tariffs sought to hurt Chinese manufacturing, but for one electronics maker, a turbulent 2025 ended with a belief that China is a location that is difficult to replicate – as long as things don't change too drastically.

The finance ministers of Germany, Italy, Spain, Portugal and Austria pointed to a similar emergency tax in 2022 to address high energy prices.

Southeast Asia's largest low-cost carrier AirAsia X said Monday it was raising ticket prices and cutting routes to cushion the impact of the war on Iran, but stressed demand for flights remained high.

"The price of jet fuel comprises both the crude oil component and the refinery component, both of which have increased significantly in recent weeks," the company said in a statement.

Crude oil prices opened higher on Monday, with US benchmark West Texas Intermediate up 1.86 percent to US$113.62 a barrel, as the war in the Middle East continues to squeeze global energy supplies.

The proposed reforms were unveiled after index provider MSCI warned in late January that the country was ​at risk of being downgraded amid concerns about a lack of transparency around stock ownership and ​trading.

India sources most of its palm oil from Indonesia and Malaysia, while soy oil and sunflower oil are imported mainly from Argentina, Brazil, Russia and Ukraine.

Oil prices spiked and stocks sank on Thursday after Donald Trump reiterated that US forces would hammer Iran for another two to three weeks but offered no solution to the closure of the Strait of Hormuz that has crippled global markets.